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MaRussiya [10]
3 years ago
12

Reserves that banks are required by law to keep on hand to back up their deposits are called

Social Studies
1 answer:
aev [14]3 years ago
3 0

Answer:

The Fed increased both its purchase of assets and quantity of loans extended

Explanation:

because Reserves that banks are required by law to keep on hand to back up their deposits are called: required reserves. whatever is generally accepted in exchange for goods and services.

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